Newcastle United Linked With Indian Billionaire

The main news in the Sunday papers today is that Newcastle United are said to be on the verge of a takeover involving an Indian Billionaire.

Anil Ambanai – head of the Reliance ADA group It’s the Daily Mirror that is reporting that officials representing an Indian Billionaire have already visited the Newcastle club and are looking to purchase the club.

The Billionaire is anonymous, which is convenient for the Mirror report, and we have no idea if this report has any truth to it, but of course it is a Sunday.

Newcastle have already been linked with a number of Indian Billionaires, when the club was last on the market over 18 months ago, and one of them is Anil Ambani, head of the large Reliance ADA Group, and he’s one of Asia’s richest businessmen.

His brother Mukesh is also said to be interested in owning a Premier League club, and is also a Billionaire, and a year ago he made a serious attempt to buy the Liverpool Football club.

Ambani is just 50 years old, and was ranked at number 36 by Forbes Magazine last year, in the richest men in the world list, with a net worth of around $13.7B (US $), and he owns a 65% stake in the telecommunications group Reliance Communications.

Subrata Roy of the Sahara group may be the man, and he missed out recently on buying Liverpool, and he could be interested in buying the Newcastle United Club, which has the third largest attendance in the Premier League behind Manchester United and Arsenal, who both have bigger stadiums than Newcastle.

The Newcastle club is not for sale, which is what owner Mike Ashley has said recently, but we’ve always thought that a good and decent offer coming in, where Mike can get his money back on the club, would be tempting for the Londoner.

well I’m from India and if its one of the guys reported to takeover then I must say we’ll be in very good hands. Ambani’s are the richest people in Asia and know how to run business and have been toon fans since years. It was always reported in Indian newspapers that they are avid Newcastle fans and want to buy the club. I hope it happens

How much do you think MA would want foe the sale of the club? 200/250 million? I have a couple of hundred quid in me hand,that`s a start 🙂 To be honest MA`s idea of how to get this club on the up is a very good way to go. Of course we would all like to see more money available but the working model is going well apart from the team being a little small in terms of numbers. Don`t think we need another billionaire to do what City have done-i for one would be disgusted to see NUFC become a meat market like City.

1 – This is a load of rubbish. Journalists see us as a scapegoat every time there is no other news. This will happen EVERY Sunday as there’s little else to fill the columns with.

2 – Even I hated him at first but Ashley’s model works, it just needs time+throwing money at a club will not guarantee anything other than drama+egos unless you have a top manager like the special one in.

i know its only paper talk,but would nt it be great , if this is true , to get rid of ash, and to get someone in who , al least cares for the club would be a start.all you saying we dont want to be another man city , we dont have to be, we dont need all his billions pumped into the club, and buying £25 – £30m players, what we do need is an owner who realises WHEN we need to buy and WHERE we need to buy . how many fans have said on this blog that the last transfer window was a night mare , because we bought NOBODY and we are struggling, it did not have to be like that , we are not asking for the earth, but a bit of forethought and a bit of cash would keep most of us fans happy , however it is only paper talk

Whoever said, “I don’t want to be another Man City” Are you for real??? What you don’t want to see the best players in the world at your club, and you don’t want to be in the champions league?

You want mid table obscurity selling all our best players??? I’m happy for us to be a Man City. Mark my words, Liverpool, Man U, City will all spend massive this summer to rebuild. Spurs constantly spend 40m in transfer windows. We need to do the same.

I would welcome it hugely!!

A bit of Football Manager talking here, but I’d give my right ball for Mourinho to be our manager with that sort of money!!

stuart no9, sorry mate was being a little sarcy/mega wishing! but how good would that be, what i cling onto is the fact jose was very close to sir bobby and i swear sir bobby was lining him up to be his replacement…untill we did the unthinkable!! so maybe if we got a new owner he could be tempted…now i wake up!

Well it may be a Sunday papers thing, however here is to hoping. I think what we are doing now in only buying under the age of 24 is excellent I’ve wanted that to happen for a long time. HOWEVER, it only works if u keep ur best players and use them to build. Ashley is some way right by buying young players, but he doesn’t have the ambition to keep the best players at all costs which means we are a selling club and why I want him out (along with the lies and they way he’s treated staff and fans btw). Yes £35million is a lot for Andy Carroll, but when does that stop? A sum of money comes in for the next player… He’s sold as well. Rather than building a team, you are temporarily having good players in a team. There is a difference. It is having a detrimental effect on the players already, with Jose seeing a lack of ambition and other players coming out publicly to voice their concerns that the club must reinvest the money. I don’t want us to be like man City offering mass money to get the players in. I want us to keep on getting these young players under 24, except KEEPING them if they’re performing and building with them. If bigger money is going to be spent, then do so on mass potential youngsters like lukaku. I know we were linked with Anil ambani before, I just hope, like the Indian lad said in an earlier post, if he is a toon fan, he does what is best for Newcastle united and of course being a businessman, runs it sensibly as well.

Good balanced response there. Much as I quite like some of the aspects of what Ashley is trying to do, at the end of the day Ashley has landed us with firstly JFk and now Pardew. Any ambitious person taking over a club would want a top manager not an unemployed guy with a totally mediocre CV because he’s cheap and supposedly owes him and Llambias casino money.

Please god let this be true. If this is an excellent season, I’d hate to see a really bad one. We have a mediocre manager, a totally ineffective and uncommunicative chairman, a disinterested slob and king chav of an owner and very few payers with star quality.

it’s all uncorroborated speculation but Big Kirky(27)…..well said!! …the alternative to the Ashley model is not the Man City model……just a commitment to build a good progressive team that the fans can support that won’t be sold off at the first sign of profit……after what has happened in the last 4 years it seems we would take almost anything but if there’s one thing we should have learned is “be careful what you wish for”….if it’s going to be foreign owners then they will have to bring in people who know the club and the game and can tell the truth when asked a question…..ASHLEY OUT!

rotonda heights my thoughts exactly, as big kirky @27 pointed the idea of buying players under a certain age ,is to build on, not to sell on, which tells me the man has nothing but profit in mind . from the minute he bought our great club, £££££s was his only target, he could have sold the club, the last time he put it up for sale, but greed intervened

Oh Ffs ! Would you believe, the Ashley maggot lovers are deserting him at the mereist hint he might be ready to ef off! Rotunda and Stuart, you disgraceful specimens, hang your heads in shame!! More faces than a game of guess who!!

health update

I was diagnosed with stage 4 prostate cancer in February 2017 and completed four months of chemotherapy in late July and will continue to have hormone treatment.

After having various cat scans and a full bone scan recently, I met with the medical oncologist yesterday for a review of my condition.

The cancer in the bones has stabilized and has not spread further, and my PSA count has decreased significantly to being less than 0.1.

I am still recovering from some of the side effects of the chemo treatment - mainly severe fatigue and exhaustion.

Stage 4 cancer is not curable so I will continue to have cat scans and bone scans every four months to ensure the disease is not spreading.

Hopefully, the hormone treatment will keep working for a while yet and then we will switch to some other treatments that have been developed over the last few years.

It is as it is - I accept it - and will do the very best I can under the circumstances.

Ed Harrison

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